1. Includes finance company subsidiaries of bank holding companies but not of retailers and banks. 2. Owned receivables are those carried on the balance sheet of the institution. Managed receivables are outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. Data are shown before deductions for unearned income and losses. Components may not add to totals because of rounding. 3. The level of consumer credit outstanding in 2000:Q4 includes previously unreported assets, and thus represents a break in this series. The 2000:Q4 growth rate is adjusted to exclude these previously unreported assets. 4. Data are from the subsidiaries of the three major U.S. automobile manufacturers and are volume-weighted averages covering all loans of each type purchased during the month.

OWNED AND MANAGED RECEIVABLES 2

2000

2001

2002

1997

1998

1999

2000

2001

Q4

Q1

Q2

Q3

Q4

Dec

Jan r

Feb p

Not Seasonally Adjusted

Outstandings (billions of dollars)

Total

828.7

912.7

036.4

1192.1

1256.9

1192.1

1207.9

1241.8

1239.5

1256.9

1256.9

1240.2

1244.5

Consumer 3

347.3

372.5

412.7

468.3

517.4

468.3

478.9

491.3

498.0

517.4

517.4

512.2

517.1

Motor vehicle loans

93.3

113.5

129.2

141.6

173.9

141.6

138.6

144.6

151.6

173.9

173.9

168.9

172.6

Motor vehicle leases

98.8

96.6

102.9

108.2

103.5

108.2

106.4

110.2

108.3

103.5

103.5

102.4

101.2

Revolving 5

37.0

31.9

32.5

37.6

31.5

37.6

34.9

36.8

35.9

31.5

31.5

29.9

29.2

Other 6

37.3

37.9

39.8

40.7

31.1

40.7

39.2

32.8

33.4

31.1

31.1

31.3

31.6

Securitized Assets 7

Motor vehicle loans

44.3

54.8

73.1

97.1

131.9

97.1

108.0

114.6

117.5

131.9

131.9

135.1

136.8

Motor vehicle leases

10.8

12.7

9.7

6.6

6.8

6.6

6.6

7.6

7.0

6.8

6.8

6.7

6.6

Revolving

5.1

5.5

6.7

19.6

24.3

19.6

28.8

29.1

29.3

24.3

24.3

23.9

25.3

Other

20.8

19.6

18.8

17.1

14.3

17.1

16.2

15.5

15.0

14.3

14.3

13.8

13.9

Real estate

129.7

150.3

174.0

198.9

211.6

198.9

202.0

208.5

213.1

211.6

211.6

205.3

205.6

One- to four-family

67.5

90.0

108.2

130.6

142.5

130.6

133.8

140.1

144.8

142.5

142.5

118.3

118.7

Other

29.0

31.2

37.6

41.7

41.2

41.7

42.3

42.2

42.6

41.2

41.2

41.0

41.1

Securitized real estate assets 7

One- to four-family

33.0

29.0

28.0

24.7

22.2

24.7

23.9

23.4

22.8

22.2

22.2

40.3

40.1

Other

0.2

0.1

0.2

1.9

5.7

1.9

1.9

2.8

2.9

5.7

5.7

5.7

5.7

Business

351.7

389.9

449.6

525.0

527.9

525.0

527.1

542.0

528.4

527.9

527.9

522.7

521.8

Motor vehicles

58.7

64.8

69.4

75.5

54.0

75.5

71.9

83.9

57.8

54.0

54.0

52.0

54.5

Retail loans

20.4

19.5

21.1

18.3

16.1

18.3

18.0

16.6

16.7

16.1

16.1

16.4

17.0

Wholesale loans 8

27.8

32.8

34.8

39.7

20.3

39.7

35.8

49.3

23.6

20.3

20.3

18.0

20.1

Leases

10.5

12.5

13.6

17.6

17.6

17.6

18.1

18.1

17.5

17.6

17.6

17.6

17.5

Equipment

198.0

212.2

238.7

283.5

289.4

283.5

283.4

292.6

288.2

289.4

289.4

287.4

285.7

Loans

56.8

59.2

64.5

70.2

77.8

70.2

71.4

76.1

76.8

77.8

77.8

75.9

74.8

Leases

141.2

153.0

174.2

213.3

211.6

213.3

212.0

216.4

211.4

211.6

211.6

211.5

210.9

Other business receivables 9

47.5

63.9

87.0

99.4

103.5

99.4

103.8

105.4

105.1

103.5

103.5

103.8

100.9

Securitized Assets 7

Motor vehicles

33.0

29.2

31.5

37.8

50.1

37.8

40.0

31.4

48.0

50.1

50.1

49.1

46.7

Retail loans

2.4

2.6

2.9

3.2

5.1

3.2

2.8

3.1

2.6

5.1

5.1

4.7

4.6

Wholesale loans

30.5

24.7

26.4

32.5

42.5

32.5

34.5

25.8

42.8

42.5

42.5

41.9

39.6

Leases

0.0

1.9

2.1

2.2

2.5

2.2

2.6

2.6

2.7

2.5

2.5

2.5

2.5

Equipment

10.7

13.0

14.6

23.1

23.2

23.1

22.5

22.6

23.1

23.2

23.2

22.7

26.2

Loans

4.2

6.6

7.9

15.5

16.4

15.5

14.6

15.2

15.1

16.4

16.4

15.9

19.4

Leases

6.5

6.4

6.7

7.6

6.8

7.6

7.9

7.5

8.0

6.8

6.8

6.8

6.7

Other business receivables 9

4.0

6.8

8.4

5.6

7.7

5.6

5.6

6.0

6.1

7.7

7.7

7.7

7.8

5. Excludes revolving credit reported as held by depository institutions that are subsidiaries of finance companies. 6. Includes personal cash loans, mobile home loans, and loans to purchase other types of consumer goods such as appliances, apparel, boats, and recreation vehicles. 7. Outstanding balances of pools upon which securities have been issued; these balances are no longer carried on the balance sheets of the loan originator. 8. Credit arising from transactions between manufacturers and dealers, that is, floor plan financing. 9. Includes loans on commercial accounts receivable, factored commercial accounts, and receivable dealer capital; small loans used primarily for business or farm purposes; and wholesale and lease paper for mobile homes, recreation vehicles, and travel trailers.